Mining Stocks Articles

FTSE 100 closes lower as miners prove a drag

17:38 16 Jan 2018 / Jamie Ashcroft

FTSE 100 closes lowerWall Street sees a new high, Dow Jones rises above 26,000Miners lagBitcoin, Ethereum and Ripple all shook by regulatory fears FTSE 100 closed in the red on Tuesday, with big cap miners  dragging the UK's  top tier index lower.Footsie closed out down around 13 points at 7,755, while the FTSE 250 gained ground - up over 44 points to 20,877.Top laggard was silver t...Read More

Ascot Resources appoints Njegovan to board

2018-01-16 17:27 / Mr. Derek White reports

Mr. Derek White reportsASCOT ANNOUNCES NEW BOARD MEMBER AND GRANT OF STOCK OPTIONSAscot Resources Ltd. has appointed Don Njegovan to the Ascot board of directors effective immediately. Mr. Njegovan, currently the Vice President of New Business Development at Osisko Mining, headquartered in Toronto, Canada, brings a wealth of experience in both the banking and mining sectors with senior roles held...Read More

Eldorado Gold reports in-line 2017 gold production

Jan. 16, 2018, 5:19 PM / Valentina Ruiz Leotaud

Shares in Eldorado Gold (TSX:ELD)(NYSE:EGO) were slightly up on Tuesday after the company announced full-year production that came in line with production guidance, but suspended its semi-annual dividend payment "pending the results of the technical reports and potential subsequent capital requirements."In a press release, the Vancouver-based miner revealed that, including pre-commercial productio...Read More

Oil Edges Down After Recent Strong Gains - WSJ

Tue Jan 16 17:05:07 2018 / Staff reporter

Oil prices fell Tuesday, breaking a streak of gains and raising questions about whether oil's recent rally is running out of steam.Read full newsRead More

SRC Discovers Vein/Disseminated Mineral System in Nevada

Tue Jan 16 17:03:43 2018 / Stakeholder Gold

Stakeholder Gold Corp. (TSXV: SRC) ('Stakeholder Gold' or the 'Company') is pleased to announce completion of its first core drill hole on the Goldstorm property in Nevada.Read full newsRead More

San Marco samples 6.41% Cu, 27.3 g/t Ag at Chunibas

2018-01-16 16:50 / Mr. Robert Willis reports

Mr. Robert Willis reportsSAN MARCO CONTINUES TO DISCOVER HIGH GRADE MINERALIZATION AT CHUNIBAS; SAMPLES 6.41% COPPER AND 27.3 G/T SILVERSan Marco Resources Inc. has released further assay results from continuing fieldwork at Chunibas. As disclosed in the company's news release dated Jan. 10, 2018, newly discovered copper and silver mineralization at the company's 100-per-cent-owned Chunibas proper...Read More

#Goldman's Commodity Revenue Falls 75% To Lowest On Record | Zero Hedge

Tue Jan 16 16:24:18 2018 / Staff reporter

With Goldman having shuttered much of its commodity front-office in recent years, it probably won't come as a big surprise that the bank has become increasingly less reliant on commodities as a profit center following repeated probes into manipulation by Goldman and other big banks, as well as organic revenue declines in the sector.Read full newsRead More

RT @tassagency_en: Ukrainian demonstrators set Russian flag ablaze outside parliament in Kiev

Tue Jan 16 16:18:31 2018 / TASS

Earlier on Tuesday, the Ukrainian parliament began the second and final reading of a bill on the reintegration of DonbassRead full newsRead More

RT @JavierBlas2: #Oil Spill at Sea From Burned Iranian Tanker off China Spreads "Noticeably" -- #OOTT

Tue Jan 16 16:16:42 2018 / Javier Blas

The oil slick caused by the stricken Iranian tanker in the East China Sea has spread "noticeably," raising the prospect for wider environmental damage from what could be the worst spill in decades.Read full newsRead More

BB Healthcare Trust's Paul Major anticipating another bumper year

16:06 16 Jan 2018 / Andrew Scott

BB Healthcare Trust PLC's (LON:BBH) Paul Major tells Proactive's Andrew Scott he's very much looking forward to the coming 12 months where's he's hoping it'll see a return to fundamentals and the focus will again be much more on stock-picking.''The main issues around healthcare reform and tax reform are done'', Major says.''The main things people are looking forward to this year are much less Dona...Read More

Great Bear Provides Drill Program Update

Tue Jan 16 15:36:03 2018 / Great Bear Resources

Great Bear Resources (TSXV:GBR) (the 'Company' or 'Great Bear') today announced completion of drill hole planning and preparation for a Phase 2 drill program at the Dixie Lake gold project, located in the Red Lake district of Ontario.Read full newsRead More

Golden Predator Reports Additional High-Grade Drill Results from 3 Aces Project

Tue Jan 16 15:25:43 2018 / Golden Predator Mining Corp.

Golden Predator Mining Corp. today reported results of 43 Grade Control drill holes at the 3 Aces Project in southeast Yukon, including the highest gold assays returned to date from drilling on the project.Read full newsRead More

RT @business: The battle over how to clean up 340 billion gallons of Canadian oil-sands sludge is heating up again

Tue Jan 16 15:19:00 2018 / Bloomberg

Amid the bogs and forests of northern Alberta, in the heart of the Canadian oil patch, lie some of the largest waste dumps of the global energy business.Read full newsRead More

RT @BloombergAsia: Trump sidesteps escalating Gulf tensions in call praising Qatar

Tue Jan 16 15:18:45 2018 / Bloomberg Asia

A call between President Donald Trump and Qatar's ruler on Monday was notable for what it didn't include -- a reference to the escalation in the long-running dispute between U.S. allies in the Gulf.Read full newsRead More

RT @CoryGroshek: More #Lithium Juniors Could Get Swallowed by Majors in 2018

Tue Jan 16 14:53:41 2018 / Cory Groshek

NEW YORK, January 16, 2018 /PRNewswire/ --The lithium industry could be in for a big M&A consolidation in 2018....Read full newsRead More

InnovaDerma expecting very strong second half after 'dream' start for Roots

14:39 16 Jan 2018 / Andrew Scott

Haris Chaudhry, executive chairman of InnovaDerma PLC (LON:IDP), tells Proactive's Andrew Scott he's confident of meeting market expectations for the year and that they've got much greater visibility on revenues for the second half than they've had in the past.Turnover in the six months to December grew by 31% on a constant currency basis to ?4.2mln.  Meet Netscientific PLC, discoverIE Group...Read More

Speculators keep GKN shares higher, FTSE 100 miners under fire

14:30 16 Jan 2018 / Jamie Ashcroft

2:30pm: Speculators keep GKN Plc shares higher, FTSE 100 miners under fireGKN Plc (LON:GKN) remained one of London's most traded stocks on Tuesday, along with the FTSE 100 natural resource stocks.The engineering firm's shares were up 1.5%, changing hands at 444.1p, as traders continue to speculate around the possibility of a transaction with Melrose Industries Plc (LON:MRO).Rio Tinto Plc (LON:RIO)...Read More

RT @ReutersBiz: U.S. oil industry set to break record, upend global trade

Tue Jan 16 14:08:23 2018 / Reuters Business

Surging shale production is poised to push U.S. oil output to more than 10 million barrels per day - toppling a record set in 1970 and crossing a threshold few could have imagined even a decade ago.Read full newsRead More

RT @DailyStarLeb: Tripoli flights still suspended after fighting

Tue Jan 16 14:06:02 2018 / The Daily Star

The Libyan capital's only working international airport remained closed to flights on Tuesday, the airport said, a day after fighting killed at least 20 people and damaged several planes.Read full newsRead More

#Putin Pals Panic Over US "Corrupt Oligarchs" List, Begin Liquidating Assets | Zero Hedge

Tue Jan 16 13:58:19 2018 / Staff reporter

The list, due in two weeks on January 29, must include "indices of corruption with respect to those individualsRead full newsRead More

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